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Example of a Title Loan. The Bottom Line. Loans Personal Loans. Trending Videos. Key Takeaways Car title loans are short-term secured loans that use the borrower's car as vigginia collateral. They are associated with subprime lending, as they often involve high-interest rates and borrowers with poor credit ratings, and not all states allow them. To obtain a car title loan, you'll need to provide documentation verifying your identity, that you own your vehicle, and that you have earned income, in addition to at least two references.

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Junk Fees In March of the Consumer Financial Autto Bureau CFPB issued a supervisory report detailing how illegal junk fees related to property retrieval, vehicle virginia credit union auto loan, and similar processes which are not allowed in borrowers' loan agreements exist in the title loan market.

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